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The retail giant joins a long list of companies who say they have no choice but to raise prices because of the president’s tariffs.
Political strategist Lucy Caldwell says there is no “masterful art of the deal,” claiming it’s all just “chaos.”
Kevin O’Leary said that retailers won’t manage the “pain” of Trump’s trade war as the president would like.
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Households will spend an estimated $2,300 more a year as companies such as Walmart are told by the president to “EAT THE TARIFFS.”
The Treasury secretary concedes that Walmart will shoulder higher costs because of new levies on foreign nations.
The president rage-tweeted that the retail giant would just have to “EAT THE TARIFFS” after the supermarket giant raised prices.
“I’ll be watching, and so will your customers!!!” the president wrote.
The world’s largest retailer faces Trump’s wrath by publicly railing against his economic policy.
Trump surrounded himself with tech lords. It took a shopkeeper to tell him hard facts.
The president sounded much more conciliatory after he was told about the chaos his plans could bring.